Stocks Consumer discretionary BYD
NYSE · Consumer discretionaryBoyd Gaming Corp (BYD)
Boyd Gaming Corp brought in $4.1B of revenue over the twelve months to September 30, 2026, up 0.3% from a year earlier. Net income was $502.1M, a net margin of 12.3%. Operating cash flow minus capital spending left $388.5M of free cash flow in fiscal 2025. At September 30, 2026 it held $297.2M in cash against $2.7B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on October 28, 2026.
Key facts about Boyd Gaming Corp
- Net worth
- Boyd Gaming Corp has a market value (market cap) of $5.7B at the latest share price, and shareholders' equity of $2.4B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $4.1B (+4.1% year on year), with net income of $1.8B. Over the 12 months to September 30, 2026: revenue $4.1B, net income $502.1M.
- Cash flow
- In fiscal 2025 operations brought in $976.7M of cash; after $588.2M of capital spending, free cash flow was $388.5M.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on October 28, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- Boyd Gaming Corp's next report is expected around February 4, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
- Dividend
- Boyd Gaming Corp paid dividends of $0.72 per share in fiscal 2025, a yield of 0.92% at the current price.
What Boyd Gaming Corp does
Boyd Gaming Corp is registered with the SEC under industry code SIC 7011 (Hotels & Motels). Its shares trade on NYSE under the ticker BYD.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $4.1B | $1.8B | $22.56 | $388.5M |
| 2024 | $3.9B | $578M | $6.19 | $556.7M |
| 2023 | $3.7B | $620M | $6.12 | $540.6M |
| 2022 | $3.6B | $639.4M | $5.87 | $707M |
| 2021 | $3.4B | $463.8M | $4.07 | $811M |
| 2020 | $2.2B | -$134.7M | -$1.19 | $114M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where BYD ranks in Consumer discretionary
Dividends
Boyd Gaming Corp paid $0.72 per share in fiscal 2025. At the current price that is a yield of 0.92%. It paid out $58.2M in cash dividends, 3% of its net income.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | $0.72 | $58.2M | 3% |
| 2024 | $0.68 | $62.7M | 11% |
| 2023 | $0.64 | $63.6M | 10% |
| 2022 | $0.60 | $48.2M | 8% |
| 2021 | n/a | $0 | 0% |
| 2020 | n/a | $7.8M | n/a |
Latest SEC filings
What Boyd Gaming Corp has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 6, 2026Passive stake changed SCHEDULE 13G/A
- October 28, 2026Quarterly report 10-Q · period to September 30, 2026Revenue fell 1.4% to $990.5M versus the same quarter last year; diluted EPS $1.71 versus $17.81.
- October 22, 2026
- August 14, 2026Passive stake (5% or more) SCHEDULE 13G
- August 13, 2026Other event 8-K
- July 30, 2026Quarterly report 10-Q · period to June 30, 2026Revenue was flat at $1B versus the same quarter last year; diluted EPS $1.75 versus $1.84.
- July 23, 2026
- July 17, 2026
- June 25, 2026
- May 8, 2026
What is BYD worth? A DCF from its reported cash flow
Insider trades
What the people running Boyd Gaming Corp did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders sold $984 worth of shares in the last 90 days and bought none on the open market.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| August 24, 2026 | Johnson Marianne BoydDirector, 10% owner | Soldindirect | 12 | $984 |
| July 28, 2026 | Hirsberg JoshCFO & Treasurer | Sold | 12,777 | $1.1M |
| July 22, 2026 | Andersen Stacia J.P.Director | Received as pay | 2,043 | - |
| July 22, 2026 | Roeth George CDirector | Received as pay | 2,043 | - |
| June 30, 2026 | Johnson Marianne BoydDirector, 10% owner | Received as payindirect | 30,351 | - |
| June 30, 2026 | Johnson Marianne BoydDirector, 10% owner | Shares withheld for taxindirect | 30,823 | $2.7M |
| June 9, 2026 | Clinton UriChief Legal Off. & Secretary | Sold | 3,468 | $304.1K |
| June 3, 2026 | Smith KeithPresident and CEO, Director | Sold | 100,000 | $8.6M |
Who owns BYD
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Cohen & Steers, Inc.13G, passive with 4 related filers | 10.01% | November 6, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 421 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| BlackRock, Inc. | 5,510,437 | -41,429 |
| Vanguard Portfolio Management LLC | 2,514,999 | -261,555 |
| Vanguard Capital Management LLC | 2,375,026 | -28,418 |
| Ariel Investments, LLC | 2,182,342 | -92,076 |
| State Street Corp | 1,886,210 | -77,955 |
| Geode Capital Management, LLC | 1,455,524 | -160,863 |
| American Century Companies Inc | 1,363,047 | +504,193 |
| Boston Partners | 1,097,116 | -1,660,565 |
| Invesco Ltd. | 1,018,273 | +44,151 |
| Arrowstreet Capital, Limited Partnership | 1,012,244 | -343,764 |
| Fmr LLC | 953,017 | -372,320 |
| Quantinno Capital Management LP | 941,274 | +16,204 |
| Victory Capital Management Inc | 852,712 | -40,553 |
| Jpmorgan Chase & Co | 835,138 | +18,396 |
| Nuveen, LLC | 816,518 | -64,765 |
| Morgan Stanley | 799,675 | +225,113 |
| Bank of America Corp | 792,968 | +223,541 |
| Channing Capital Management, LLC | 753,972 | -20,785 |
| Charles Schwab Investment Management Inc | 717,115 | -92,545 |
| Gotham Asset Management, LLC | 681,249 | -176,787 |
Insiders
14 insiders reported holding 5,164,516 shares in total, about $402.1M at the last price.
| Holder | Shares |
|---|---|
| Boyd William RDirector | 1,947,9821,930,447 held indirectly |
| Johnson Marianne BoydDirector, 10% owner | 1,611,6711,611,671 held indirectly |
| Smith KeithPresident and CEO, Director | 996,981 |
| Hirsberg JoshCFO & Treasurer | 422,969 |
| Clinton UriChief Legal Off. & Secretary | 56,818 |
| Bailey John RobertDirector | 29,85829,858 held indirectly |
| Whetsell Paul WDirector | 25,358 |
| Thompson Stephen S.Chief Administrative Officer | 22,009 |
| Nelson Lori M.SVP, Chief Accounting Officer | 16,858 |
| Thoman A. RandallDirector | 12,854 |
Questions about BYD
What does Boyd Gaming Corp do?
Boyd Gaming Corp is a company in the Consumer discretionary sector, listed on NYSE as BYD. Its shares trade on NYSE under the ticker BYD.
What is Boyd Gaming Corp's net worth?
Boyd Gaming Corp has a market value (market cap) of $5.7B at the latest share price, and shareholders' equity of $2.4B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Boyd Gaming Corp profitable?
Yes. Over the twelve months to September 30, 2026 it reported net income of $502.1M on revenue of $4.1B, a net margin of 12.3%.
How much revenue does Boyd Gaming Corp make?
Over the twelve months to September 30, 2026 Boyd Gaming Corp reported revenue of $4.1B. That is 0.3% more than a year earlier.
When did Boyd Gaming Corp last report?
Its most recent periodic report is the quarterly report (10-Q) filed on October 28, 2026. It covers the period to September 30, 2026. Its newest filing of any kind is the passive stake changed from November 6, 2026.
When is Boyd Gaming Corp's next earnings report?
Boyd Gaming Corp's next report is expected around February 4, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
Does Boyd Gaming Corp pay a dividend?
Yes. Boyd Gaming Corp paid dividends of $0.72 per share in fiscal 2025, a yield of 0.92% at the current price.
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Where the numbers come from
Financial figures are the values Boyd Gaming Corp tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.